The Informality Trap : Tax Evasion, Finance, and Productivity in Brazil

• Tác giả: Emerson Kapaz
• Ngôn ngữ: eng
• Ký hiệu phân loại: 016.98 Bibliographies and catalogs of works on specific subjects or in specific disciplines
• Thông tin xuất bản: World Bank, Washington, DC, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 295744
• Chủ đề: 1. ACCURATE INFORMATION; 2. AFFILIATED ORGANIZATIONS; 3. COMPANY; 4. COMPETITORS; 5. CUSTOMS AUTHORITIES

Tóm tắt

This Note highlights the adverse consequences of informality for private sector development and explains what governments can do about it. It uses new data from the World Bank's Investment Climate Survey in Brazil that show for the first time the extent of tax evasion and confirm that informal firms are less productive and less likely to access financial markets than other firms. It also provides some advice on how to tackle the problem-by emphasizing the benefits of regulatory compliance, reducing the costs of going formal, and tightening up enforcement.